Vacuum Cleaner Industry Statistics

The worldwide market for cordless vacuum cleaner is expected to grow at a cagr of roughly 13 3 over the next five years will reach 4250 million usd in 2024 from 2010 million usd in 2019.

Vacuum cleaner industry statistics.

Moreover the increase in dual working household population in urban areas fosters the demand for vacuum cleaners. Business opportunities current trends and industry analysis by 2020 â 2025 by market study report published. 19 2020 at 6 48 a m. The high demand is attributed to shifting consumer preferences toward advanced cleaning appliances over manual cleaning methods.

2786139 the research report on portable vacuum cleaner industry market comprises of key development trends that define the industry in terms of profit potential. The market is experiencing remarkable growth owing to the rise in the population of working women and changes in the consumer s standard of living. 10 minutes ago product id. Vacuum cleaner market size from 2014 to 2025 by type published by arne holst mar 2 2020 in 2019 the value of the canister vacuum cleaner market in the united states amounted to.

Technological developments to minimize operational time and energy are expected to favor industry growth over the next seven years. The report is a collection of first hand data qualitative and quantitative evaluation by industry experts inputs from industry analysts and vacuum cleaner industry participants across the value. Household vacuum cleaners market size exceeded usd 20 billion in 2019 and is estimated to grow at a cagr of over 6 5 between 2020 and 2026. The global household vacuum cleaners market size was valued at usd 11 2 billion in 2014.

Portable vacuum cleaner industry market. As per data released by the united nations about 54 of the world s population resided in urban areas in 2014 and it is expected that this percentage is expected to increase during the forecast period. Improved living standards and concerns towards hygiene and cleanliness are anticipated to drive demand over the forecast period. Robotic vacuum cleaner market size share 2020 global industry trends growth insight competitive analysis statistics regional and global forecast to 2023 published.